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U.S. Stimulus Plan Falls Flat

July 10, 2009

President Obama signed the American Recovery & Reinvestment Act into law in February. The President said the resulting stimulus spending on construction, education, and other programs would create jobs and help improve the weakened economy. Critics contend it hasnât had much of an effect. BusinessWeek's Washington correspondent Theo Francis assesses the stimulus plan and discusses the chances that Congress could pass an additional measure.
Plus, why Google is releasing a new operating system to compete with Microsoft, how T. Boone Pickens has delayed his planned $10 billion wind farm, as well as our look at the economic week ahead.
To go straight to our feature on the stimulus plan, click here.
To go to the economic week ahead, click here.